The Reserve is here to bring you a sophisticated taste of American History; unique to Los Angeles, lost in time, and unrivaled by any other destination. In December 1928, Merchants National Bank was taken over by Bank of America, and for the four decades that followed, the building served as Bank of America’s Los Angeles headquarters. When Bank of America moved their headquarters in 1972, the ground floor bank remained in operation but saw a steady decline in business. In 1988, the location was closed for good.